During a recent visit, Mary asked Betty about her financial situation, but Betty referred all questions to Joe. Joe was vague and evasive, and seemed irritated by Mary’s questions. Growing concerned, Mary went through Betty’s bills and bank statements and discovered that an equity line of credit had been placed on Betty’s home.
The $200,000 credit line was nearly maxed-out. The credit card statements showed hundreds of purchases that could not have been for Betty’s expenses: liquor, sports tickets, and cash advances at a casino.